Equities

SCARY NUMBERS

Tesco, the UK's largest retailer, has reported falling profits for the first time in 18 years, its latest financial statement has revealed.

FIVE THINGS

Ed Miliband has suggested a future Labour government will force banks to split their retail and investment arms, should they not do so willingly.

UK SPECIAL

The chief executive of Royal Bank of Scotland has predicted the business may restart dividend payments to shareholders after 2013, by which time its restructuring phase should be complete.

Kames Capital is launching a Global Equity Income fund for Piers Hillier and Mark Peden, while the group has also announced details of its new RDR share classes.

EUROPE

FIVE THINGS

In the latest Big Debate, our panelists from Legg Mason Global Asset Management, Smith & Williamson and S&P Capital IQ discussed US Equity Income.